Sunday Papers: Osborne in last-ditch talks to split top banks

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The Sunday Telegraph: George Osborne is locked in last-ditch negotiations this weekend over plans for new powers to split up Britain's leading banks if proposals to "ring-fence" retail and investment divisions are deemed not to have worked.

The Independent on Sunday: Royal Bank of Scotland chairman Sir Philip Hampton has moved to calm investor fears over chief executive Stephen Hester's future, privately pledging that the 52-year-old will stay in charge well into 2014.

The Sunday Telegraph: Antonio Horta-Osorio, the chief executive of Lloyds Banking Group, has written to the Justice Secretary demanding the ballooning costs of false payment protection insurance claims are shared by the claims management companies that are often behind them.

The Sunday Telegraph: The Royal Bank of Scotland plans to float the 316 branches it failed to sell to Santander after a lack of strong interest from trade bidders.

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